NationsBank Corp. said it expects to replace about half of Boatmen's Bancshares bank presidents when it completes its $9.5 billion merger.

Boatmen's bank presidents in Iowa, Illinois, Kansas, and most markets in Missouri are likely to retain their jobs, while NationsBank plans to replace presidents in Arkansas, New Mexico, Oklahoma, and Tennessee. In Texas, where Boatmen's has a minor presence, the president of its Amarillo bank, Dan Powell, is slated to become vice chairman of NationsBank Texas.

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